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2023
Exports $15.3MWorld Rnk 9 / 97
Flag Rnk 548 / 1210
2023
Destination $1.7M France
2022 - 2023
FASTEST GROWING MARKET $1.7MIndia
2023
Imports $945kWorld Rnk 32 / 182
Flag Rnk 1055 / 1213
2023
Origin $56k Denmark
2022 - 2023
FASTEST GROWING ORIGIN $56kUnited Kingdom
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $15.3M in Turpentine, making it the 9th largest exporter of Turpentine in the world. At the same year, Turpentine was the 548th most exported product in Sweden. The main destination of Turpentine exports from Sweden are: France ($7.53M), India ($4.94M), Japan ($2.25M), Germany ($301k), and Norway ($85.3k).

The fastest growing export markets for Turpentine of Sweden between 2022 and 2023 were India ($1.7M), Japan ($1.66M), and Germany ($262k).

Imports In 2023, Sweden imported $945k in Turpentine, becoming the 32nd largest importer of Turpentine in the world. At the same year, Turpentine was the 1055th most imported product in Sweden. Sweden imports Turpentine primarily from: Denmark ($260k), France ($175k), Netherlands ($171k), Belgium ($162k), and Norway ($80.6k).

The fastest growing import markets in Turpentine for Sweden between 2022 and 2023 were United Kingdom ($56k), Netherlands ($29.3k), and Belgium ($26.3k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Turpentine exports accounted up to SEK6.24M and imports accounted up to SEK242k, resulting in a positive trade balance of SEK6M. Between November 2023 and November 2024 the exports of Sweden's   Turpentine have decreased by SEK-1.15M (-15.6%) from SEK7.4M to SEK6.24M, while imports decreased by SEK-254k (-51.2%) from SEK496k to SEK242k.

Destinations In November 2024, Turpentine were exported mostly to Japan (SEK2.76M), India (SEK1.9M), France (SEK1.5M), Norway (SEK61k), and Lithuania (SEK12k), and were imported mostly from Denmark (SEK162k) and Belgium (SEK80k).

Growth In November 2024, the decrease in Turpentine's year-by-year exports was explained primarily by a decrease in exports to Norway (SEK-62k or -56.4%). In November 2024, the decrease in Turpentine's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-989k or -99.9%) and Norway (SEK-172k or -64.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK-1.15M(-15.6%)
IMPORT GROWTH (November 2023 - November 2024)SEK-254k(-51.2%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)JapanSEK2.76M

This section shows Turpentine's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Turpentine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$15.3M
IMPORTS (2023)$945k
NET TRADE (2023)$14.4M

In 2023, Sweden exported $15.3M in Turpentine. The main destinations of Sweden exports on Turpentine were France ($7.53M), India ($4.94M), Japan ($2.25M), Germany ($301k), and Norway ($85.3k).

In 2023, Sweden imported $945k in Turpentine, mainly from Denmark ($260k), France ($175k), Netherlands ($171k), Belgium ($162k), and Norway ($80.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
India$1.7M (52.3%)
Japan$1.66M (284%)
Germany$262k (674%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Sweden WERE (2022 - 2023):
France-$3.8M (-33.5%)
China-$311k (-100%)
Denmark-$126k (-73.4%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Turpentine were:
Brazil $73.8M
United States $61M
Indonesia $56.4M
In 2023, Sweden's main importing competitors in Turpentine were:
India $163M
France $56.8M
United States $31.2M

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $673k
TOP IMPORT POTENTIALGermany+ $15.7k

Turpentine’s highest export potential is India. With an export gap of $673k.   Turpentine’s highest import potential is Germany with an import gap of $15.7k.

See methodology.

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